Browse > Home / Weekly Statistics for CA / South Lake Tahoe Weekly Real Estate Market Statistics

South Lake Tahoe Weekly Real Estate Market Statistics

March 25, 2010

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos for the East Shore.  I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports.  The reason that I use this segment of the market is that it has the most influence on the general value trends

Stability is Good!  To measure the most recent buyer activity on the market, I use the Market Activity Ratio which is the relationship between Active listings and Pending Sales.  This past week the Market Activity Ratio slightly dipped from 13.9% to 13.1%.  This is the result of the Active Listings going up by 13 as the Pending Sales increased by 1.  We are at that time of year when we begin to see a rise in inventory as we approach the summer season.

There were 7 new sales this past week for a YTD of 99 sales.  Four of the sales were below $350,000 and three sales were at $535,000 in Tahoe Keys, $605,000 in Tahoe Keys and $650,000 which was a bank owned property on Glenwood Way with 4193 SF.  Short Sales and Bank Owned properties continue to influence our market and it represents about 67% of Pending Sales.  The CA side is averaging 33 sales per month for the 1st Quarter of 2010.

Listings per Status

Area Market Survey

 

 
Listings as of 03/25/10 at 8:56am

Active
Listing Price Range  Quantity      Average DOM  
$120,000 thru $139,999 3 254  
$140,000 thru $159,999 4 111  
$160,000 thru $179,999 5 125  
$180,000 thru $199,999 11 157  
$200,000 thru $249,999 35 110  
$250,000 thru $299,999 52 204  
$300,000 thru $349,999 34 127  
$350,000 thru $399,999 36 194  
$400,000 thru $449,999 17 160  
$450,000 thru $499,999 23 217  
$500,000 thru $549,999 18 187  
$550,000 thru $599,999 25 156  
$600,000 thru $649,999 9 137  
$650,000 thru $699,999 12 147  
$700,000 thru $749,999 16 157  
$750,000 thru $799,999 7 117  
$800,000 thru $849,999 2 410  
$850,000 thru $899,999 8 162  
$900,000 thru $949,999 2 255  
$950,000 thru $999,999 9 320  
$1,000,000 thru $1,249,999 6 350  
$1,250,000 thru $1,499,999 8 149  
$1,500,000 thru $1,749,999 5 174  
$1,750,000 thru $1,999,999 9 269  
$2,000,000 thru $2,249,999 3 178  
$2,250,000 thru $2,499,999 3 298  
$2,500,000 thru $2,749,999 2 14  
$4,000,000 thru $4,249,999 1 4  
$4,250,000 thru $4,499,999 1 604  
$4,500,000 thru $4,749,999 2 152  
$5,000,000 thru $5,999,999 1 1352  
$10,000,000 or more 1 98  
  370 180  
 
Summary Price Information
Minimum  $126,000 Maximum  $12,900,000
Average  $657,444 Median  $422,000
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2010 Rapattoni Corporation. All rights reserved.

Area Market Survey

 

 
Listings as of 03/25/10 at 8:56am

Pending
Listing Price Range  Quantity      Average DOM  
$90,000 thru $99,999 1 34  
$140,000 thru $159,999 1 79  
$160,000 thru $179,999 4 182  
$180,000 thru $199,999 9 133  
$200,000 thru $249,999 14 108  
$250,000 thru $299,999 15 168  
$300,000 thru $349,999 15 125  
$350,000 thru $399,999 8 175  
$400,000 thru $449,999 6 239  
$450,000 thru $499,999 10 159  
$500,000 thru $549,999 6 233  
$550,000 thru $599,999 3 127  
$600,000 thru $649,999 2 344  
$650,000 thru $699,999 5 188  
$700,000 thru $749,999 3 149  
$750,000 thru $799,999 1 996  
$800,000 thru $849,999 1 678  
$850,000 thru $899,999 2 246  
$900,000 thru $949,999 1 23  
$950,000 thru $999,999 1 685  
$1,000,000 thru $1,249,999 3 302  
  111 180  
 
Summary Price Information
Minimum  $99,000 Maximum  $1,195,000
Average  $415,060 Median  $349,000

Sold
Selling Price Range  Quantity      Average DOM  
$60,000 thru $69,999 1 77  
$70,000 thru $79,999 1 82  
$80,000 thru $89,999 3 97  
$100,000 thru $119,999 1 38  
$120,000 thru $139,999 5 221  
$140,000 thru $159,999 8 96  
$160,000 thru $179,999 5 103  
$180,000 thru $199,999 12 110  
$200,000 thru $249,999 41 117  
$250,000 thru $299,999 42 149  
$300,000 thru $349,999 30 139  
$350,000 thru $399,999 27 184  
$400,000 thru $449,999 17 201  
$450,000 thru $499,999 14 246  
$500,000 thru $549,999 10 155  
$550,000 thru $599,999 12 206  
$600,000 thru $649,999 8 193  
$650,000 thru $699,999 11 146  
$700,000 thru $749,999 1 42  
$750,000 thru $799,999 4 294  
$850,000 thru $899,999 1 439  
$900,000 thru $949,999 2 374  
$950,000 thru $999,999 1 1  
$1,000,000 thru $1,249,999 2 217  
$1,250,000 thru $1,499,999 2 269  
$1,500,000 thru $1,749,999 2 71  
$2,500,000 thru $2,749,999 1 496  
$3,000,000 thru $3,249,999 1 117  
  265 161  
 
Summary Price Information
Minimum  $67,000 Maximum  $3,200,000
Average  $397,871 Median  $317,000
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2010 Rapattoni Corporation. All rights reserved.

Written by admin · Filed Under Weekly Statistics for CA 
Tagged: ,

Comments

Got something to say?